SharkNinja (SN) Company Report

SharkNinja, Inc. reported strong Q3 2025 net sales of $1.63 billion, up 14.3%, and net income of $188.7 million, a 42.6% increase.
The company achieved ten consecutive quarters of double-digit top and bottom line growth, with gross margins expanding by 140 basis points in Q3 2025.
Growth was driven by robust performance, including a 56.7% increase in the Beauty and Home Environment segment and 25.8% growth in international sales.
SharkNinja raised its full-year 2025 outlook, projecting net sales growth of 15.0% to 15.5% and adjusted net income per share growth up to 17.8%.
Operational efficiencies, including nearly complete diversification of its US supply chain outside of China to countries like Vietnam and Malaysia, contributed to mitigating tariff impacts.

Nov 7, 2025, 12:42 AM

Bloomberg

SharkNinja Reports Strong Q3 2025 Results and Raises Full-Year Guidance

Earnings

Guidance Update

CFO Change

SharkNinja reported strong Q3 2025 financial results, with net sales growing 14.3% year-over-year to $1.63 billion, adjusted gross margins expanding to 50.3%, and adjusted EBITDA increasing 20.7% to $317 million.
The company achieved record adjusted net income of $213 million and $1.50 per diluted share for Q3 2025.
International net sales accelerated to 25.8% year-over-year, reaching $530 million, with notable strength in the U.K. and broad-based triple-digit growth in Latin America.
SharkNinja raised its full-year 2025 guidance, now expecting net sales growth of 15%-15.5% and adjusted diluted EPS in the range of $5.05-$5.15.
Adam Quigley was formally appointed as CFO, emphasizing his vision to continue building the finance function as a strategic partner.

Nov 6, 2025, 1:30 PM

Transcript

SharkNinja Reports Strong Q3 2025 Results and Raises Full-Year Guidance

Earnings

Guidance Update

CFO Change

SharkNinja reported robust Q3 2025 results, with net sales increasing 14.3% year-over-year to $1.63 billion and adjusted net income per diluted share rising 24% to $1.50, marking its 10th consecutive quarter of double-digit top-line growth.
Profitability saw significant expansion, with adjusted gross margins surpassing 50% to reach 50.3% and adjusted EBITDA growing nearly 21% year-over-year to $317 million.
The company raised its full-year 2025 guidance, now projecting net sales growth between 15% and 15.5%, adjusted net income per diluted share in the range of $5.05-$5.15, and adjusted EBITDA between $1.115 billion and $1.125 billion.
International net sales were a key driver, accelerating 25.8% year-over-year to $530 million in Q3 2025, with notable strength in the U.K. and broad-based triple-digit growth in Latin America.
Adam Quigley has been officially confirmed as SharkNinja's new Chief Financial Officer.

Nov 6, 2025, 1:30 PM

Transcript

SharkNinja Reports Strong Q3 2025 Results and Raises Full-Year Guidance

Earnings

Guidance Update

Revenue Acceleration/Inflection

SharkNinja reported strong Q3 2025 results, with net sales growing 14.3% year-over-year to $1.63 billion and adjusted EBITDA increasing nearly 21% year-over-year to $317 million.
The company achieved its 10th consecutive quarter of double-digit top-line growth and expanded adjusted gross margins by over 90 basis points year-over-year to 50.3% of net sales.
Adjusted diluted earnings per share increased 24% year-over-year to $1.50.
SharkNinja raised its full-year 2025 guidance, now expecting net sales growth between 15% and 15.5% and adjusted diluted EPS in the range of $5.05-$5.15.
International net sales accelerated to 25.8% year-over-year growth, contributing to significant market share gains across categories.

Nov 6, 2025, 1:30 PM

Transcript

SharkNinja Reports Strong Q3 2025 Results and Raises Fiscal Year 2025 Outlook

Earnings

Guidance Update

Revenue Acceleration/Inflection

SharkNinja reported a 14.3% increase in net sales to $1,630.2 million for the third quarter ended September 30, 2025, compared to the same period last year.
Net income for Q3 2025 increased 42.6% to $188.7 million, with diluted net income per share rising 41.5% to $1.33.
Adjusted EBITDA for the third quarter increased 20.7% to $316.5 million.
The company raised its Fiscal Year 2025 outlook, now expecting net sales to increase 15.0% to 15.5%, Adjusted Net Income per diluted share between $5.05 and $5.15, and Adjusted EBITDA between $1,115 million and $1,125 million.
As of September 30, 2025, SharkNinja had $263.8 million in cash and cash equivalents and total debt of $749.3 million.

Nov 6, 2025, 12:02 PM

6-K

SharkNinja Reports Strong Third Quarter 2025 Results and Raises Fiscal Year 2025 Outlook

Earnings

Guidance Update

Revenue Acceleration/Inflection

SharkNinja reported net sales of $1,630.2 million for the third quarter ended September 30, 2025, marking a 14.3% increase compared to the same period last year.
Net income for Q3 2025 grew 42.6% to $188.7 million, with Adjusted Net Income per diluted share increasing 24.0% to $1.50.
Adjusted EBITDA for the quarter increased 20.7% to $316.5 million.
The company raised its fiscal year 2025 outlook, now projecting net sales growth of 15.0% to 15.5%, Adjusted Net Income per diluted share between $5.05 and $5.15, and Adjusted EBITDA between $1,115 million and $1,125 million.

Nov 6, 2025, 12:00 PM

Press Release

SharkNinja Discusses Growth Strategy and Market Dynamics at Global Retailing Conference

New Projects/Investments

Revenue Acceleration/Inflection

Product Launch

SharkNinja has achieved a 21% compounded annual growth rate over the past 17 years, driven by gaining market share in existing categories, expanding into new categories, and international expansion.
International expansion is a key focus, with the company expecting close to 50% of revenue from outside the U.S. in the reasonable short term, with Germany and France representing an over $2 billion opportunity.
The company invests heavily in marketing, spending over 11% of sales or $700 million a year on advertising, and emphasizes diversification across 37 different product categories and 25 countries.
SharkNinja has successfully navigated tariff challenges by shifting 90% of its production outside of China by the end of Q2 FY2025 and implementing price increases, which contributed to gross margin rate growth in Q2.
The company plans to launch 25 new products annually and aims for long-term EBITDA expansion, supported by strong underlying consumer demand and retail partnerships.

Sep 3, 2025, 2:40 PM

SharkNinja Discusses Growth Strategy, Tariff Mitigation, and International Expansion at CG's 45th Annual Growth Conference

Revenue Acceleration/Inflection

New Projects/Investments

Guidance Update

SharkNinja attributes its double-digit top-line growth since going public to a focus on innovation and a three-pillar growth strategy, including new product development (targeting 25 new products and two new categories annually) and international expansion. The company reported 32% growth last year and guided to a 14% top-line midpoint for the current year.
To mitigate tariff impacts, the company has aggressively shifted U.S. production out of China, reaching 90% out by the end of Q2 and aiming for nearly 100% by year-end. They also employ strategies like value engineering and surgical price increases on innovative offerings.
SharkNinja is increasingly moving from distributor models to direct-to-consumer ownership in international markets, having bought back its distributor in Mexico in Q1 and planning to convert Spain, Portugal, Italy, Benelux, and the Nordics to owned distribution in Q4 this year and Q1 next year. This shift is expected to increase revenue and gross margins.
The company has not observed a slowdown in consumer spending for its products, as it competes on innovation and price value rather than at the low end of the market, and sees significant "white space" for future growth in underpenetrated international markets and new product categories.

Aug 12, 2025, 9:40 PM

SharkNinja Inc Q1 2025 Financial & Balance Sheet Highlights

Earnings

Guidance Update

New Projects/Investments

Debt Issuance

Revenue & Earnings: Q1 2025 net sales increased 14.7% YoY to over $1.2 billion, while adjusted EBITDA decreased 13% to $200 million due to significant growth investments.
Guidance Update: Full-year outlook raised with net sales expected to grow between 11%-13% and adjusted EBITDA forecasted at $1.09-$1.11 billion.
Liquidity Strength: The balance sheet shows cash and cash equivalents of $224.7 million and an available revolving credit of $489.0 million as of March 31, 2025.
Capital Structure: Total debt stands at $769.5 million, with inventories increasing 29.8% to $973.2 million compared to the prior year period.
Tariff Mitigation: Successfully managed a challenging tariff environment (145% in China, 10% in Southeast Asia) by diversifying manufacturing outside China using a 3-pronged strategy.
Strategic Investments: Increased R&D spending by 26% to $88 million and sales & marketing by 29% to $276 million, with plans to launch 25 new products in 2025.

May 8, 2025, 12:31 PM

Transcript 6-K

SharkNinja Outlines Growth Strategies and Product Roadmap in Conference Call

Product Launch

Revenue Acceleration/Inflection

Strong product innovation and launch momentum: The company showcased several hit products including the Ninja SLUSHi, Crispi, CryoGlow, FlexFlame, and TurboBlade, emphasizing a robust new product roadmap for 2025 with significant consumer wait lists already in place.
Balanced growth strategy: Management highlighted dual emphasis on domestic organic growth and international expansion, expecting continued double-digit revenue growth driven by existing category expansion, new categories, and increased margin leverage.
Supply chain and cost management initiatives: SharkNinja is aggressively shifting production from China to Southeast Asia (Vietnam, Thailand, Indonesia, Malaysia, Cambodia) to achieve cost parity and manage tariff impacts effectively.

Mar 11, 2025, 7:31 PM

Transcript

Filings & Transcripts

View All Documents

Recent SEC filings and earnings call transcripts for SN.

No recent filings or transcripts found for SN.